403 Terrace Way, Leesville, SC, 29070 | $486/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Leesville at 403 Terrace Way, Leesville, SC, 29070 offers $1,914/mo rent that, after a $1,174/mo payment, leaves $486/mo cash flow. Total monthly income is $1,914/mo, and annual cash flow is $5,833/yr on $79,543 cash. Return on cash invested measures 27.24% in year one, and rental yield stands at 9.57% at a $239,950 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,294 by year five. Five-year ROI records 141.9% and total cumulative return in cash reaches $112,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,914/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,151 (100%)
Owner Occupied HU	5,849 (71.8%)
Renter Occupied HU	1,035 (12.7%)
Vacant Housing Units	1,267 (15.5%)
Median Home Value	$290,922
Average Home Value	$349,829